Lower Wages Are Surging | Texas News

Texas News Today | 2 Min News | The Daily News Now! · Jul 9, 2026 · 1m

Lower-income workers are surging ahead in wage growth, posting the strongest gains in nearly three years as their after-tax pay jumps — a major shift reversing past gaps with higher earners. While upper-income growth slows to 4.2% and middle-income to 3.4%, the boost for lower earners is fueled by job-hopping (often yielding 12% raises) and tax adjustments. Though temporary factors like World Cup spending may play a role, economists confirm strong labor demand keeps unemployment steady. Despite challenges like reduced immigration and rising minimum wages, the labor market is cooling but still…